The API Holdings aka Pharmeasy IPO is expected to hit the market soon after the company receives approval from SEBI to float an IPO. The company plans to raise 6250 crores through an IPO, which will include a fresh issue of – crores and an offer for sale of up to – crores. The retail quota is 10%, the QIB quota is 75%, and the NII quota is 15%.
Pharmeasy is an online platform that allows customers to order medicines, health care products, and lab tests. They are the largest digital healthcare platform, utilising technology and fulfilment capabilities to meet consumers’ healthcare needs. They collaborate and develop services for consumers, pharmaceutical companies, wholesalers, pharmacies, hospitals, doctors and clinics, and diagnostic labs. They ship their products to over 1000 cities and towns, with over 22000 zip codes. Mumbai, Kolkata, Delhi, Bengaluru, Ahmedabad, Hyderabad, Chennai, Thane, Howrah, Pune, Gurgaon, Navi Mumbai, Jaipur, Noida, Lucknow, Ghaziabad, and Vadodara are their major supply cities. Pharmeasy’s initial public offering (IPO) information can be found here.
The India’s largest digital healthcare platform Pharmeasy IPO Or (API Holdings IPO) will be open date Announced Soon. The company wants to raise ₹6250 crore through this IPO
PharmEasy parent company (API Holdings IPO) has received SEBI approval for Pharmeasy IPO. The company will raise around ₹6,250 crore through this IPO.the company from this IPO, ₹1929 crore will be used to repay the outstanding debt of the company.
PharmEasy Important Details:
- Pharmeasy is the leading pharmacy marketplace in India.
- 1 lakh+ medicine and healthcare products are available through various categories.
- According to website data, offer product delivery in 24-48 hours*.
- Their lab test facilities provide sample collection at home and report delivery online.
- They sell their products through their website and mobile app.
- As of 30 June 2021, the company had over 25 million registered users.
- API Holdings Ltd, PharmEasy’s parent company, may also consider issuing additional equity shares through a private placement of up to 1250 crore (As per DRHP)
- The company has reported a loss for the last few years, which may be one of the concerns, but revenues are increasing.
- The sector has performed well in recent years, and we can anticipate an increase.
Pharmeasy IPO Review
- To be updated soon
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Pharmeasy IPO Date & Price Band
|IPO Open:|| 2022
|IPO Size:||Approx ₹6250 Crores|
|Fresh Issue:|| Approx ₹- Crores
|Offer for Sale:||Approx – Equity Shares|
|Face Value:||₹1 Per Equity Share|
|Price Band:||₹- to ₹- Per Share|
|Listing on:||BSE & NSE|
|DRHP Draft Prospectus:|| Click Here
|RHP Draft Prospectus:|| Click Here
Pharmeasy IPO Market Lot
|Minimum Lot Size:||Minimum – Shares for 1 lot|
|Minimum Amount:||₹- for 1 lot|
|Maximum Lot Size:||Maximum – Shares for 13 lot|
|Maximum Amount:||₹- for 13 lot|
Pharmeasy IPO Date, Time Table, Allotment & Listing
|Price Band Announcement:|| 2022
|Anchor Investors Allotment:|| 2022
|IPO Open Date:||2022|
|IPO Close Date:||2022|
|Basis of Allotment:||2022|
|Credit to Demat Account:||2022|
|IPO Listing Date:||2022|
Pharmeasy IPO Form
How do I apply for the Pharmeasy Initial Public Offering (IPO)? You can apply for Pharmeasy IPO using ASBA from your bank account. Simply log in to your online bank account and apply through your bank account by selecting the Pharmeasy IPO in the Invest section. You can also apply for the Pharmeasy IPO by downloading IPO forms from the NSE and BSE. Pharmeasy forms can be found by clicking NSE Forms & BSE Forms blank IPO forms download, fill out, and submit in your bank or with your broker.
Pharmeasy Financial Report
|₹ in Crores|
Pharmeasy IPO Valuation
Pharmeasy IPO valuations include Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
Pharmeasy IPO FAQs
What is Pharmeasy IPO?
Pharmeasy IPO is a main-board IPO. They are going to raise ₹6250 Crores via IPO. The issue is priced at ₹- to ₹- per equity share. The IPO is to be listed on BSE & NSE.
When Pharmeasy IPO will open?
The IPO is to open on 2022 for QIB, NII, and Retail Investors.
What is Pharmeasy IPO Investors Portion?
The investors’ portion for QIB is 75%, NII 15%, and Retail 10%.
How to Apply the Pharmeasy IPO?
You can apply Pharmeasy IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Pharmeasy IPO through Zerodha?
Log in to the Console via the Zerodha website or application. Navigate to Portfolio and select IPO. You’ll notice the IPO name “Pharmeasy.” Select the Bid Button. Fill in your UPI ID, Quantity, and Price. Fill out the IPO Application Form. Now, go to your Net Banking UPI App or BHIM App to approve the mandate. Open Account
How to Apply the Pharmeasy IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pharmeasy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Account
What is Pharmeasy IPO Size?
Pharmeasy IPO size is ₹6250 crores.The IPO comprises ₹- crores fresh issue and offers for sale of ₹- crores.
What is Pharmeasy IPO Price Band?
Pharmeasy IPO Price Band is ₹- to ₹- per equity share.
What is Pharmeasy IPO Minimum and Maximum Lot Size?
Note updated yet- The minimum bid is – Shares with ₹- amount while the maximum bid is – shares with ₹-.
What is Pharmeasy IPO Allotment Date?
Pharmeasy IPO allotment date is 2022.
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